$UBER short defense
This weekly chart shows a bigger picture perspective on my prior short call.
The bullish BOS from top 1 was not met with contnuation but rather with weakness
now lasting several weeks. The past few weeks have seen more selling pressure
than buying pressure in my opinion. In the large channel I can see price rotating
down to at least the swing low indicated as the TP. Also note the MACD bearish
divergence if you are into oscillators. Merry Christmas!
The bullish BOS from top 1 was not met with contnuation but rather with weakness
now lasting several weeks. The past few weeks have seen more selling pressure
than buying pressure in my opinion. In the large channel I can see price rotating
down to at least the swing low indicated as the TP. Also note the MACD bearish
divergence if you are into oscillators. Merry Christmas!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.